Closed
$470,000
Chicago, IL 60641
4beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$470,200 Zestimate®
$--/sqft
$2,185 Estimated rent
Home value
$470,200
$428,000 - $517,000
$2,185/mo
Zestimate® history
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Owner options
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What's special
**Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 01:06am
Listing courtesy of:
Laura Herlo 773-671-4434,
Coldwell Banker Realty
Bought with:
Juan Valadez, GRI
HomeSmart Connect LLC
Source: MRED as distributed by MLS GRID,MLS#: 12517598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,750 sqft
- Dimensions: 30 x 125
Details
- Parcel number: 13281210120000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $470,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,005 -0.6% | $34,003 |
| 2022 | $1,011 +5% | $34,003 |
| 2021 | $963 -3.1% | $34,003 +39.7% |
Neighborhood: Cragin
Nearby schools
GreatSchools rating
- 7/10Falconer Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 5/10Camras Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 1/10Foreman High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$470,200
